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Milford Asset Management expert: Some hopes dashed following OCR update

Author
Newstalk ZB,
Publish Date
Wed, 10 Apr 2024, 7:59PM
Adrian Orr. (Photo / File)
Adrian Orr. (Photo / File)

Milford Asset Management expert: Some hopes dashed following OCR update

Author
Newstalk ZB,
Publish Date
Wed, 10 Apr 2024, 7:59PM

The Reserve Bank confirmed they'll hold the OCR in place at 5.5 percent.

This falls in line with predictions that the OCR update would follow on from February's release.

Milford Asset Management Sam Trethewey says some of the market was hoping for a reprieve- and they were left disappointed.

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